Dhfl ce 600 28mar expiry-in ban period

[Rainandita16]

Hi, I purchased dhfl call (expiry 28th March) and now it is in ban period. What are my options?? Please guide me! Thanks.

[Bhuvan]

@Rainandita16

Hi, I purchased dhfl call (expiry 28th March) and now it is in ban period. What are my options?? Please guide me! Thanks.

Check this post

What are securities under ban period? How can I rollover if the securities I hold are in ban period?

Each security will have a total allowable contracts limit, also known as the market wide position limit. If a stock reaches or crosses 95 percent of this limit, it will go into ban period in the F&O (futures and options.) This is the security under the ban time. If a stock is in ban period, No fresh contract is allowed on that security When the open interest on the security goes down to 80 per cent of the wide position limit by expiry or sale and end of the contract, new contracts are…

[Shivam_Gupta]

Dhfl is in ban period for last 10 days.
How long will this ban period last? From Where to get this information?

[Newbie420]

Check Open interest everyday in NSE reports

[Kshiteesh_Saralaya]

Hey @Shivam_Gupta,

For any security, if its derivative contracts cross 95% of Market wide position limits (MWPL) then that security will be under the ban for F&O.

It means the combined open interest [the number of contracts outstanding in futures and options trading on an official exchange at any one time.] of all option and future contracts for all the months taken together for that particular underlying crosses 95% of MWPL.

So until the combined OI is below 95% the security will be in BAN.